Destiny Logistics & Infra (NSE:DESTINY) Change In Inventory : ₹-14.6 Mil (TTM As of Mar. 2023)

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What is Destiny Logistics & Infra Change In Inventory?

Destiny Logistics & Infra's change in inventory for the quarter that ended in Mar. 2023 was ₹-14.6 Mil. It means Destiny Logistics & Infra's inventory increased by ₹14.6 Mil from Mar. 2022 to Mar. 2023 .

Destiny Logistics & Infra's change in inventory for the fiscal year that ended in Mar. 2023 was ₹-14.6 Mil. It means Destiny Logistics & Infra's inventory increased by ₹14.6 Mil from Mar. 2022 to Mar. 2023 .

Destiny Logistics & Infra's Total Inventories for the quarter that ended in Mar. 2023 was ₹19.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Destiny Logistics & Infra's Days Inventory for the quarter that ended in Mar. 2023 was 4.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Destiny Logistics & Infra's Inventory Turnover for the quarter that ended in Mar. 2023 was 41.30.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Destiny Logistics & Infra's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.02.

Destiny Logistics & Infra Change In Inventory Historical Data

The historical data trend for Destiny Logistics & Infra's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Destiny Logistics & Infra Change In Inventory Chart

Destiny Logistics & Infra Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

-4.23

-0.89

-14.56

Destiny Logistics & Infra Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23
Change In Inventory	-	-	-4.23	-0.89	-14.56

Destiny Logistics & Infra Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-14.6 Mil.

Destiny Logistics & Infra (NSE:DESTINY) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Destiny Logistics & Infra's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	12.404	/	512.334	*	365 / 2
	=	4.42

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Destiny Logistics & Infra's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	512.334	/	12.404
	=	41.30

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Destiny Logistics & Infra's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12.404	/	567.201
	=	0.02

Destiny Logistics & Infra Change In Inventory Related Terms

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Destiny Logistics & Infra (NSE:DESTINY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Destiny Logistics & Infra Ltd (NSE:DESTINY) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

ECO Centre, Block - EM-4 Sector- V, Unit No. 708, 7th Floor, Salt Lake, Kolkata, WB, IND, 700091

Website

https://www.destinyinfra.in

Destiny Logistics & Infra Ltd provide logistics, manpower and infrastructural services. It offers land-based transportation through third-party service providers. It provides a wide range of services such as packaging, loading, transportation, unloading, and unpacking of items to offer end-to-end solutions. The company's operations are concentrated in the domestic market, particularly, in the state of West Bengal. The company operates in Transport and Construction services, out of which the majority is from the Construction services.

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